Highway and bridge construction rises in August

By |  September 19, 2014

According to McGraw Hill Construction, new construction starts in August dropped nine percent, bringing construction activity back to its normal pace after July’s boost in energy-related manufacturing projects. Despite this fact, both highway and bridge construction experienced gains in the month of August.

Nonresidential building dropped 19 percent to $184.9 billion, with commercial building gaining 6 percent, store construction advancing to 27 percent and institutional building reaching 12 percent.

Nonbuilding construction dropped 12 percent at $120.1 billion, with the public works group down 6 percent. However, gains were reported for both highways and bridges, with highways up 7 percent and bridges up 9 percent.

Residential building grew 2 percent to $235.6 billion, caused mainly by multifamily housing raising to 10 percent. Although multifamily housing increased, single family housing fell 1 percent.

Finally, there was an overall 4 percent increase for total construction from January to August.

The Dodge Index now stands at 114, compared to 126 in July.

Allison Barwacz

About the Author:

Allison Barwacz is the digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.

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